Bahrain government bonds
Bahrain's bonds as US funds mark them in their filings (SEC Form N-PORT), by currency. Fund marks as of Jul 2026; they lag the market by about two months.
By currency
| Bonds | Measured against | Count | Spread | 10-year spread | Priced-in 5y odds | 1-month change | Median yield | Held by US funds |
|---|---|---|---|---|---|---|---|---|
| USD Emerging markets, US-dollar bonds | vs US Treasuries | 33 | 327 bp | 332 bp | 23.9% | +53 bp | 7.89% | $579.4M |
Priced-in odds = spread ÷ (1 − 40% recovery) over five years; it includes a risk premium and overstates actual defaults. Own-currency bonds get a yield and no odds: a government can print its own currency.
USD spread history
Median spread vs US Treasuries, month-ends with complete filings. Fund-reported.
Bahrain's USD curve
Yield to maturity of each USD bond US funds hold (45 bonds, government and government-related issuers, index-linked excluded), Jul 2026 fund marks. Hover a point for the bond.
Who holds Bahrain's debt
Fund series holding Bahrain's government and government-related bonds in their latest quarterly report: 122 now, 119 a quarter earlier. Names as reported in the filings.
| Fund series | Report | Bonds | Face value | Value |
|---|---|---|---|---|
| iShares J.P. Morgan USD Emerging Markets Bond ETF | 2026-07-31 | 21 | $473.2M | $443.7M |
| T. Rowe Price Emerging Markets Bond Fund | 2026-06-30 | 9 | $173.7M | $173.2M |
| VANGUARD EMERGING MARKETS GOVERNMENT BOND INDEX FUND | 2026-07-31 | 31 | $135.8M | $127.1M |
| VANGUARD EMERGING MARKETS BOND FUND | 2026-06-30 | 3 | $121.6M | $119.2M |
| GMO Emerging Country Debt Fund | 2026-05-31 | 3 | $53.3M | $45.6M |
| PIMCO Emerging Markets Bond Fund | 2026-06-30 | 11 | $41.7M | $40.3M |
| Invesco Emerging Markets Sovereign Debt ETF | 2026-07-31 | 3 | $44.3M | $37.1M |
| TCW Emerging Markets Income Fund | 2026-07-31 | 4 | $38.5M | $35.1M |
| iShares Core Universal USD Bond ETF | 2026-07-31 | 25 | $32.3M | $30.2M |
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | 2026-07-31 | 16 | $26.9M | $25.6M |
| SIIT EMERGING MARKETS DEBT FUND | 2026-05-31 | 6 | $22.5M | $21.0M |
| JPMorgan Emerging Markets Debt Fund | 2026-05-31 | 6 | $21.4M | $20.8M |
| Fidelity New Markets Income Fund | 2026-06-30 | 5 | $19.9M | $19.0M |
| iShares J.P. Morgan EM High Yield Bond ETF | 2026-07-31 | 20 | $19.6M | $18.3M |
| Western Asset Emerging Markets Debt Fund Inc. | 2026-06-30 | 4 | $17.4M | $16.7M |
| Emerging Markets Core Fund | 2026-07-31 | 7 | $13.1M | $12.0M |
| SIT Emerging Markets Debt Fund | 2026-06-30 | 6 | $12.9M | $12.0M |
| Columbia Variable Portfolio - Emerging Markets Bond Fund | 2026-06-30 | 4 | $11.3M | $10.8M |
| Strategic Advisers Fidelity Core Income Fund | 2026-05-31 | 5 | $10.8M | $10.5M |
| Fidelity Emerging Markets Debt Central Fund | 2026-06-30 | 5 | $10.6M | $10.2M |
ETFs holding Bahrain's bonds
From each ETF's own latest N-PORT report, as a share of its net assets. A holdings list, not a recommendation.
| ETF | Report | Bonds | Value | % of net assets |
|---|---|---|---|---|
| EMB iShares J.P. Morgan USD Emerging Markets Bond ETF | 2026-07-31 | 21 | $443.7M | 3.04% |
| VWOB VANGUARD EMERGING MARKETS GOVERNMENT BOND INDEX FUND | 2026-07-31 | 31 | $127.1M | 1.90% |
| PCY Invesco Emerging Markets Sovereign Debt ETF | 2026-07-31 | 3 | $37.1M | 2.69% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 25 | $30.2M | 0.07% |
| XEMD BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | 2026-07-31 | 16 | $25.6M | 3.04% |
| EMHY iShares J.P. Morgan EM High Yield Bond ETF | 2026-07-31 | 20 | $18.3M | 2.94% |
| EMHC State Street(R) SPDR(R) Bloomberg Emerging Markets USD Bond ETF | 2026-06-30 | 13 | $6.3M | 2.32% |
| JEMB Janus Henderson Emerging Markets Debt Hard Currency ETF | 2026-07-31 | 4 | $4.5M | 1.05% |
| JPIE JPMorgan Income ETF | 2026-05-31 | 3 | $3.1M | 0.03% |
| JPMB JPMorgan USD Emerging Markets Sovereign Bond ETF | 2026-05-31 | 7 | $2.9M | 4.50% |
| FBND Fidelity Total Bond ETF | 2026-05-31 | 5 | $2.7M | 0.01% |
| ISTB iShares Core 1-5 Year USD Bond ETF | 2026-07-31 | 8 | $2.5M | 0.05% |
| NFLT Virtus Newfleet Multi-Sector Bond ETF | 2026-07-31 | 6 | $1.9M | 0.41% |
| UNIY WisdomTree VOYA Yield Enhanced USD Universal Bond Fund | 2026-05-31 | 1 | $1.8M | 0.14% |
| EMBD Global X Emerging Markets Bond ETF | 2026-05-31 | 2 | $1.5M | 0.57% |
Sources: fund holdings and fund-reported marks from SEC Form N-PORT (published about 60 days after each month-end); 13F filings; House and Senate periodic transaction reports and OGE Form 278-T; Treasury yields from FRED. Findings from filings, not advice. How each number is computed.